Ozturk, Ilhan (2001): The role of education in economic development: a theoretical perspective. Published in: Journal of Rural Development and Administration , Vol. XXXIII, No. 1, Winter (2001): pp. 39-47.
Download (332Kb) | Preview
Education in every sense is one of the fundamental factors of development. No country can achieve sustainable economic development without substantial investment in human capital. Education enriches people’s understanding of themselves and world. It improves the quality of their lives and leads to broad social benefits to individuals and society. Education raises people’s productivity and creativity and promotes entrepreneurship and technological advances. In addition it plays a very crucial role in securing economic and social progress and improving income distribution.
|Item Type:||MPRA Paper|
|Original Title:||The role of education in economic development: a theoretical perspective|
|Keywords:||Human Development, Economic Growth, Poverty, Labour Productivity, Education, Technology, Trade, Health|
|Subjects:||O - Economic Development, Technological Change, and Growth > O1 - Economic Development
I - Health, Education, and Welfare > I2 - Education and Research Insititutions
A - General Economics and Teaching > A1 - General Economics > A11 - Role of Economics; Role of Economists; Market for Economists
|Depositing User:||Ilhan Ozturk|
|Date Deposited:||08. Jun 2008 11:31|
|Last Modified:||11. Feb 2013 17:45|
Ainsworth, M.K. Beegle and A. Nyamete, (1995), The Impact of Female Schooling on Fertility and Contraceptive, LSMS Working Papers 110, Washington, DC: World Bank.
Baloğlu, Z. (1998), “Türkiyede Eğitim”, Yeni Yüzyıl Kitaplığı, Türkiyenin Sorunları Dizisi-1.
Becker, Gray S. (1964), Human Capital, New York, Colombia University Press.
Becker, Gray S. (1998), Human Capital and Poverty, Religion and Liberty Archive, Chicago, University of Chicago Press.
Behrman, Jere R. (1990), Human Resource Led Development, Review of Issues and Development, New Delhi, India: ARTEP/ILO.
Behrman, Jere R. and B.L. Wolfe (1987), “How does Mother’s Schooling Affect the Family’s Health, Nutrition, Medical Care Usage and Household?, Journal of Econometrics, 36.
Ben-David, D. and M. Loewy, (1995), “Free Trade and Long Run Growth”, CEPR working paper 1183.
Birdsall, N. (1993), “Social Development in Economic Development”, World Bank Policy research working Papers, WPS 1123, Washington DC.
Bourguignon, F. (1995), “Equity and Economic Growth: Permanent questions and Changing Answers”, prepared for the Human Development Report, UNDP.
Bourguignon, F. and C. Morrison (1990), “Income Distribution, Development and Foreign Trade: A Cross-sectional Analysis”, European Economic Review, 34.
Dension, E.F. (1962), Sources of Economic Growth in the United States and alternative Before Us, New York, Committee for Economic development.
Deraniyagala, S. (1995), Technical Change and Efficiency in Sri Lanka`s Manufacturing Industry, D. Phil, Oxford.
Grossman, Gene M. and Elhanan Helpman, (1989), Growth and Welfare in a Small Open Economy, NBER working paper 2970.
Jamison, D. and P. Moock (1994), “Farmer Education and Farmer Efficiency in the Nepal: The Role of Schooling”, World Development, 12.
Lucas, Robert. (1998), “On the Mechanics of Economic Development”, Journal of Monetary Economics, July 22(1). Mincer, Jacob, (1974), Schooling, Earnings, and Experience, New York, Colombia University Press.
Perotti, R., (1993), “Political Equilibrium Income Distribution, and Growth” Review of Economic Studies, 60.
Psacharopoulos, G. (1984), “The Contribution of Education to Economic Growth: International Comparisons”, Cambridge, Ballinger Publishing Co.
Psacharopoulos, G. (1994), “Returns to Investment in Education: Aglobal Update”, World Development, 22(9).
Schultz, T.W. (1961), “Investment in human Capital”, American Economic Review, 51(1).
Tilak, J.B., (1989), “Education and its Relation to Economic Growth, Poverty, and Income Distribution: Past Evidence and Further Analysis” World Bank Working Papers 46.
Wood, A., (1994), “North-South Trade, Employment and Inequality: Changing Fortunes in a Skill-Driven World”, IDS Development Studies Series, Oxford University Press.